Church & Dwight Co., Inc. (CHD) has been earning significant attention in both the stock market and financial news space. The company's stock has shown consistent growth and resilience
despite market fluctuations, often outperforming its competitors. There have been
several insider sales, indicating a level of shareholder confidence in the market value. Interestingly,
institutional shareholders own approximately 85% of the company, adding another layer of investment stability.
CHD's
Q1 and
Q3 earnings exceeded expectations, with positive growth noted in both organic sales and other key metrics. Additionally, their
dividend has been increased to $0.2838, implying growing profitability. Predictions from financial analysts continue to favor CHD, despite some lowering of the price target by Barclays to $82. However,
HSBC and
Truist Financial have set new target prices at $114 and $115 respectively. As CHD gears up for further earnings, its strong financial health and debt management have been highlighted. With these positives, some unfavorable reports note a weaker bottom line predicted for Q2 due to moderate gross margin expansion.
Church Dwight CHD News Analytics from Fri, 28 Jul 2023 07:00:00 GMT to Fri, 10 May 2024 10:30:29 GMT -
Rating 8
- Innovation -3
- Information 8
- Rumor 3
